BATC Hot Sheet Archives - HFMN Newsroom

November Hot Sheet

December 2, 2014

INSIDE: Single-family housing production in October reached its highest level since November 2013. “The rise in single-family starts is more proof that the economy is firming and consumer confidence is growing. We expect continued upward momentum into next year.” – Kevin Kelly, chairman of NAHB and a home builder…

Posted in General, Market Information | Tagged: BATC Hot Sheet, Hot Sheet, Housing Data, November Hot Sheet, Twin Cities Housing Market

October Hot Sheet

November 3, 2014

“Most remodelers remain confident that the market is improving as home owners undertake renovations, large and small. The consistency and longevity of positive RMI readings are in line with the gradual recovery of the housing industry.” – Paul Sullivan, CAPS, CGR, CGP, NAHB Remodelers Chair of Waterville Valley, N.H. “Single-family…

Posted in General, Market Information | Tagged: BATC, BATC Hot Sheet, Building Industry Data, Hot Sheet, Market Information, October Hot Sheet, Twin Cities Building Stats

September Hot Sheet

October 1, 2014

“Our members are telling us that traffic to new model home sites and sales expectations are on the rise. Despite the monthly blip, single-family starts are still 8 percent above last year’s level.” Kevin Kelly, NAHB chairman and home builder…

Posted in General, Market Information | Tagged: BATC, BATC Hot Sheet, Building Industry Data, Hot Sheet, Market Information, September Hot Sheet, Twin Cities Building Stats

May Hot Sheet

June 2, 2014

From the May Hot Sheet: Soaring production of multifamily apartments pushed nationwide housing starts above the million-unit mark in April, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.” “The growth in multifamily production is a very positive development…

Posted in Housing First Minnesota News, Market Information | Tagged: BATC Hot Sheet, Hot Sheet, Housing Data Twin Cities, Housing Market, May Hot Sheet

April Hot Sheet

May 1, 2014

“We see improving signs of new-home construction as we move into the spring buying season. The strongest recovery is in the Northeast and Midwest, where builders were hampered by severe winter weather earlier in the year.” Kevin Kelly, chairman of the National Association of Home Builders (NAHB) and a home…

Posted in General, Market Information | Tagged: April Hot Sheet, BATC Hot Sheet, Building Industry Hot Sheet, Hot Sheet, Market News

January Hot Sheet, Download it Now!

February 3, 2014

INSIDE THIS ISSUE: NAHB: 2014 4Q Remodeler’s Index; Builder Confidence Index UST Minneapolis St. Paul Residential Real Estate Index – December 2013 Twin Cities Building Activity – Year to Date “Consumers are getting used to more realistic mortgage rates, which still remain favorable on a historical basis.” David Crowe, NAHB…

Posted in General, Market Information | Tagged: BATC Hot Sheet, Builders Association of the Twin Cities, Building Industry Market News, Hot Sheet, January 2014 Hot Sheet, Market Information, Public Policy, Twin Cities Building

December Hot Sheet

January 6, 2014

“Single-family and multifamily starts are at five-year highs, providing additional evidence that the recovery is here to stay. We hit a soft spot this fall when interest rates jumped and the government closed down, but mortgage rates still remain very affordable and pent-up demand is helping to boost the…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC Hot Sheet, Building Industry, December Hot Sheet, Hot Sheet, Industry News, Twin Cities Building Market

October Hot Sheet

November 1, 2013

“A spike in mortgage interest rates along with the paralysis in Washington that led to the government shutdown and uncertainty regarding the nation’s debt limit have caused builders and consumers to take pause. However, interest rates remain near historic lows and we don’t expect the level of rates to have…

Posted in General, Market Information | Tagged: BATC, BATC Hot Sheet, Building Industry Hot Sheet, Hot Sheet, Housing Market, October Hot Sheet 2013

September Hot Sheet

October 1, 2013

“Overall, this hot sheet is an encouraging report as builders are seeing pent-up demand begin to be released for single-family homes despite head-winds such as rising mortgage rates and tight credit conditions.” NAHB Chairman Rick Judson, a home builder from Charlotte, N.C.

Posted in General, Market Information | Tagged: BATC Hot Sheet, Building Industry Hot Sheet, Hot Sheet, Market News Hot Sheet, September 2013 Hot Sheet, Wells Fargo Home Mortgage

May Hot Sheet

June 3, 2013

From the May 2013 Hot Sheet: “A correction from an unsustainably high level of production on the volatile multifamily side was largely responsible for a 16.5 percent dip in nation-wide housing starts to a seasonally adjusted annual rate of 853,000 units in April, according to newly released figures from HUD…

Posted in Housing First Minnesota News, Market Information | Tagged: BATC Hot Sheet, Hot Sheet, Housing Market, Market Information, May Hot Sheet, Twin Cities Housing Market